How Proper Insurance Accelerates Funding Opportunities For Startups


  • How Proper Insurance Accelerates Funding Opportunities For Startups
    Alexa Rank
    0
    Category
    Business
    Target Country
    United States
    Securing funding today requires more than product innovation or early traction; investors now evaluate how well a startup understands and manages real operational risk. Business​‍​‌‍​‍‌​‍​‌‍​‍‌ insurance for startups is one of the main elements that has to be in place before a company can be considered for funding. How a company is covered shows it manages risks related to its legal liability, compliance requirements, cyber threats, contractual obligations, and continuity planning, among other things that have a great impact on the company’s valuation and investor confidence. A well-thought-out insurance portfolio for the company shows that the company is well-governed, speeds up the due diligence process, and makes investors feel secure that their money won’t be lost as a result of incidents that could have easily been ​‍​‌‍​‍‌​‍​‌‍​‍‌avoided.
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